Canadian Oil Sands spending $1.4 billion on Syncrude project

Top-tier oilsands company Canadian Oil Sands (TSE:COS)  is cranking up production at its Syncrude oilsands project. The company said today it plans to spend $1.46 billion at Syncrude, a joint venture between COS (36%), Imperial Oil and ExxonMobil. About two...